MCX’s CEO Joseph Massey Resigns, SEBI Appoints Director
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The vice chairman and the chief executive officer of MCX Stock Exchange Ltd., an Indian equity market that opened eight months ago, quit from the board amid a probe of trading practices at a related commodities bourse.
Vice Chairman Jignesh Shah, the chairman of Financial Technologies (India) Ltd., and CEO Joseph Massey resigned effective immediately, according to a statement e-mailed late yesterday by Mumbai-based MCX Stock Exchange.